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SDI Stampede Drilling Inc

0.235
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stampede Drilling Inc TSXV:SDI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.235 0.24 0.24 0 12:00:21

Stampede Drilling Announces Granting of Stock Options

16/05/2024 9:10pm

PR Newswire (Canada)


Stampede Drilling (TSXV:SDI)
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CALGARY, AB, May 16, 2024 /CNW/ - Stampede Drilling Inc. ("Stampede" or the "Company") (TSXV: SDI) announces that it has granted an aggregate of 5,270,000 stock options ("Options") to purchase common shares of the Company ("Common Shares") to officers, employees and directors of the Company.

Stampede Drilling Inc. Logo (CNW Group/Stampede Drilling Inc.)

The Options were granted on May 16, 2024, and have a term of five years from the date of grant, with one quarter of the Options vesting on the day of the grant and one quarter subsequently vesting on each of the first, second and third anniversaries of the date of the grant. The Options may be exercised at a price of $0.24 per Common Share.

The Options were granted pursuant to the stock option plan of the Company, as recently approved by the shareholders of the Company on May 16, 2024.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Stampede Drilling Inc.

Copyright 2024 Canada NewsWire

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